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Crypto news: Exchange Bitcoin Co closes after 5 years of active work

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The official reason for the closure of one of the largest marketplaces of Thailand Bitcoin Co. Ltd is the development of other commercial type projects. This is the official version, but what are the real reasons for the closure perspective the exchange is unknown.

Users will have until 1 November to withdraw all of its financial assets. Friday September 6 clients trading platform will be disabled replenish balances of their accounts, and at the end of the month service will be stopped all transactions.

Биржа Bitcoin Co закрывается после 5 лет активной работыSource coindesk.com

Representatives of trading platform Bitcoin Co. Ltd guarantee that the funds of traders in complete safety, and each of them will be able to regain all of its assets without any difficulties.

In an official statement from representatives of the trading platforms stated that the leadership is not going to renew the license of virtual assets for the year 2020 with the SEC the Commission on securities and stock exchanges. The exchange rate of bitcoin on the court immediately after the publication of news has fallen to the level of around $6 500, but the price quickly stabilized and rose to almost $9 000.

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